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CoinShares to Go Public in U.S. via $1.2B SPAC Merger

CoinShares to Go Public in U.S. via $1.2B SPAC Merger

CoinomediaCoinomedia2025/09/08 21:03
By:Aurelien SageAurelien Sage

CoinShares will merge with Vine Hill Capital and Odysseus Holdings to list in the U.S., valuing the firm at $1.2B. Deal to close by December 2025.What the Merger Means for ShareholdersWhy the U.S. Listing Matters

  • CoinShares to merge with SPAC Vine Hill Capital and Odysseus Holdings
  • The deal values CoinShares at $1.2 billion
  • Shareholders may own up to 91.6% of the new entity

CoinShares, a leading European digital asset investment firm, is preparing to enter the U.S. public markets through a significant merger. The company announced a definitive agreement to merge with special purpose acquisition company (SPAC) Vine Hill Capital and Odysseus Holdings, setting its sights on a valuation of $1.2 billion.

The move positions CoinShares to expand its influence in the world’s largest financial market . The deal is expected to close by December 2025, marking a major milestone in the company’s global growth strategy.

What the Merger Means for Shareholders

One of the most attractive features of this SPAC merger is the generous stake offered to current CoinShares shareholders. They may own as much as 91.6% of the new combined entity. This level of control is rare in SPAC transactions and reflects strong confidence in the CoinShares brand and business model.

As part of the merger, a $50 million private placement is also planned, helping to bolster the company’s liquidity and support its expansion efforts post-listing.

CoinShares will move its listing to a U.S. exchange via a merger with SPAC Vine Hill Capital and Odysseus Holdings, valuing the firm at $1.2 billion. Shareholders may hold up to 91.6% of the new entity. A $50M private placement is planned, with the deal expected to close by…

— Wu Blockchain (@WuBlockchain) September 8, 2025

Why the U.S. Listing Matters

CoinShares is already well-known in the European crypto investment space, offering a range of exchange-traded products (ETPs) and digital asset strategies. However, tapping into the U.S. capital markets opens doors to a broader investor base, increased visibility, and greater access to institutional capital.

By merging with Vine Hill Capital and Odysseus Holdings, CoinShares is choosing a strategic route that many companies have taken to go public in the U.S. without the lengthy traditional IPO process.

This SPAC route may accelerate CoinShares’ ambitions to become a dominant global player in crypto asset management and further legitimize the digital asset industry in the eyes of traditional investors.

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